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Ortoli | Rosenstadt: What Exactly Is a Seller Responsible for When Selling Its Staffing Firm?
Buyers of a business generally expect sellers to be responsible for certain liabilities relating to when the seller owned its business—a concept mergers and acquisitions professionals refer to as indemnification. Indemnification is one of the most heavily negotiated, and potentially most significant, provisions of a purchase agreement, and understanding the terminology common to such agreements is essential when negotiating a deal. Attorney Paul Pincus of Ortoli Rosenstadt LLP explains what sellers are liable for, how a seller’s liability may be limited, and how buyers may seek to fund potential indemnity claims.
Strong U.S. Recovery Depends on Effective Covid-19 Response
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Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending July 5.
CompuGain Public Services
Herndon, VA
FlexiCorps Inc.
St. Charles, IL
The Franklin Co.
Broomall, PA
Inter-Connect Employment Services
Quincy, IL
Meador Staffing
Pasadena, TX
MedLinc Inc.
Little Rock, AR
Phoenix Resourcing Group
Reston, VA
TheraEx Staffing Services
Brentwood, CA
Small Business, Lender Associations Call for Streamlined PPP Forgiveness for ‘Main Street’ Small Businesses
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CDC Publishes Toolkit: Assessing Covid-19 Hazards, Controls in Manufacturing Facilities
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IRS Finalizes Guidance on Deduction for Foreign-Derived Intangible Income and Global Intangible Low-Taxed Income
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Preserving Noncompete Enforcement Rights Amid Covid-19
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Covid-19 Workplace Suits Increase: Report
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Second Circuit Finds Fluctuating Workweek Does Not Require Much Fluctuation
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Massachusetts Offices are Subject to Mandatory Screening as Part of Phase III Reopening
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Updated Michigan Protections for Covid-19 Response Employees
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Questions Employers May Need Answered to Prepare for Chicago’s New Emergency Travel Order
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Six Months of Work in a Pandemic
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Technologists’ Productivity Continues to Rise During the Era of Flex and Remote Work
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